Economy

Laos Attracts USD 8.5 Billion in Investment Projects in First Seven Months of 2026

Laos attracted over USD 8.5 billion in investment approvals during the first seven months of 2026, with officials greenlighting 34 projects in concessionary businesses and controlled business lists. The figures mark a 68 percent increase over the same period last year, and actual capital inflow from these projects has already...

Laos State Utility Revenue Grows 9.4 Percent in First Half of 2026

Electricité du Laos (EDL), the state-owned power utility, grew its revenue by 9.4 percent...

Laos Considers VAT Exemption to Subsidize Electricity for Low-Income Households

Laos’ National Assembly (NA) is considering a proposal to exempt subsidized residential electricity from...

Oudomxay Seeks More Railway Services to Boost Investment

Authorities in Oudomxay Province, northern Laos, have announced plans to expand railway services and...

Vientiane Halts New Microfinance, Pawnshop Licenses Amid Regulatory Review

On 31 July, the Bank of the Lao PDR (BoL) suspended applications for new...

BOL Shares New Credit Policy to Stimulate Lao Economy

The Bank of Lao PDR convened a meeting at the Prime Minister's Office on Tuesday to discuss implementing a new credit policy aimed at...

Explainer: Amended Lao Law on Foreign Currency Management

Over the past two years, Laos has experienced a sharp depreciation of its local currency, the LAK, against foreign currencies. The government has taken...

Lao Govt Keen on Promoting Digital Transformation Via Blockchain Technology

The government of Laos has expressed its support for developing the country's digital technology to advance its economy and society. Prime Minister Sonexay Siphandone spoke...

Volatile Baht Predicted in 2023 Amidst Political and Financial Uncertainties

A new financial outlook released on Tuesday said that the Baht has become increasingly volatile, which has also affected foreign investment in Thailand. A...

Authorities Green Light Lao Dance Sport Federation

The Ministry of Education and Sports in Laos has officially recognized the newly-established Lao Dance Sport Federation to promote competitive dancing in Laos. Before the...

Laos, Malaysia Ink Deal to Collaborate on Clean Electricity

Electricite du Laos and TNB Power Generation Sdn Bhd (TNB Genco) signed an MoU on Thursday to explore energy investment collaborations in renewable energy...